Income stabilisation in European agriculture: Design and economic impact of risk management tools

International trade agreements and reforms of the European Common Agricultural Policy increase the importance of agricultural risk management as a means to stabilise farm incomes. 'Income stabilisation in European agriculture' addresses farm income and risk management issues from various perspectives. A cohesive work is brought together on historic income data, quantitative analyses of future policy scenarios, actual farmers' perceptions and an updated view on various risk management instru...